The amount of power shareholders hold over every major (American) enterprise isn’t talked about in a way that presents a clear problem between increasingly expensive and shitty services, layoffs, anti-worker practices, political corruption and these shareholder groups. C-suite are part of this group but they’re also afraid of removal via hostile board takeovers and so easily justify acquiescing to shareholder demands.
Perhaps it’s because the same investors hold the same sway over (American) media with the added benefit of using it to brand themselves as exceptional leaders. Lots to untangle there…
The amount of power shareholders hold over every major (American) enterprise isn’t talked about in a way that presents a clear problem between increasingly expensive and shitty services, layoffs, anti-worker practices, political corruption and these shareholder groups. C-suite are part of this group but they’re also afraid of removal via hostile board takeovers and so easily justify acquiescing to shareholder demands. Perhaps it’s because the same investors hold the same sway over (American) media with the added benefit of using it to brand themselves as exceptional leaders. Lots to untangle there…